Tuesday, February 27, 2007

A Taxing Situation

There are those of you who have probably already filed your taxes, and may have found your refunds delayed by last-minute Congressional action.

Then there are those who wait until the last minute. For you folks, you'll have an extra day. Read Announcement Regarding a Change in the Due Date for Certain 2006 New York State Tax Returns to April 17, 2007, which applies not only to those who file in Andover, Massachusetts, but everyone.

Here's a Summary of Personal Income Tax Legislative Changes Enacted in 2006 and Summary of Corporation Tax Legislative Changes Enacted in 2006.

New York State and Local Sales and Use Tax Quick Reference Guide.

New York taxpayers who are preparing their personal income tax returns can take advantage of a host of family-friendly credits that may lower their tax bills and increase their refunds. Some tax breaks, like the New York State and New York City Earned Income Tax Credits, may result in a refund even when no tax is owed.
To view the entire document and rates please visit here.

"Let me tell you how it will be
There's one for you, nineteen for me
Cos I'm the taxman, yeah, I'm the taxman
If you drive a car, I'll tax the street
If you try to sit, I'll tax your seat
If you get too cold I'll tax the heat
If you take a walk, I'll tax your feet"

"Taxman", by George Harrison

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